ASX NEWS & VIEWS

NetComm Wireless Develops a NCD

NetComm Wireless Limited (ASX: NTC) today announced that it has developed a world first product – a Network Connection Device and secured a large order from its initial customer, NBN Co Ltd.

The NCD is a new product category developed for use in global markets and is used in conjunction with NetComm Wireless’s world leading Distribution Point Unit (“DPU”).

The NCD incorporates a Gfast and VDSL modem as well as a Reverse Power Feed capability that allows the DPU to be powered from the customer’s premise. It is an intelligent device allowing monitoring and diagnostics reporting on the actual line performance delivered in the home.

The initial volume commitment from nbn, which is expected to grow over time, will result in revenues of $66 million to NetComm Wireless. Importantly, this represents incremental revenues (above those relating to the Reverse Power Feed only unit) of approximately $40 million within a period of 18 months following launch, which is planned for the first half of calendar year 2018.

NetComm Wireless’ NCDs will undergo operational, customer, business and field testing with the nbn prior to the commercial launch.

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